Essentials of business risk analysis modeling

How to build business models that incorporate uncertainty, and how these models can improve business decisions.

Created by: David Vose
Recognized expert, author and innovator in risk analysis

What Will I Learn?

• Understand how risk analysis modeling is used in business
• Know the probability distributions and math needed to perform a business risk analysis
• Evaluate the aggregate exposure from a set of risks in a register
• Complete a financial risk analysis for a business investment
• Be able to audit a risk analysis model identifying errors and interpreting formulae
• Create, interpret and present risk analysis reports to decision-makers

Requirements

• Basic knowledge of Excel. Reasonable competency with numbers and logic
• You will need to install the FREE trial version of ModelRisk to do some of the modeling exercises, but can uninstall after.

Target audience

• Analysts supporting decision-makers who wish to incorporate risk and uncertainty in their evaluations of different decision options.